Invest Yourself

Yesterday we had a "red" day. Late in the afternoon, they did their best to get us off the worst levels and when it was all over, we had the DOW off about 55, the S&P off about 5. In a market this tall, that's not even a rounding error. Some were blaming the fall on the increased rhetoric between NK and the US, but I don't really buy that. In the beginning acts of the war of words, the market would indeed get shook up over the strong language, but after seeing "nothing" happen time and time again, they've learned to ignore it all.

Well that didn't take long. Yesterday, Trump announced new sanctions against North Korea, and also stated that the Chinese would indeed be willing to stop all banking transactions with the nation. Around the Asian sphere, other nations curtailed their dealings with Kim, including stopping the shipment of oil to his country.

Just as we thought we were all in the clear, the power blipped out on us yesterday at 3 pm, and didn't come back until 9. I wasn't about to go back to the generators, and just waited it out. It's amazing how fast your home can go from about 77 degrees to 87 degrees when it's 110 degrees in the sun.

Good morning all, welcome back from your long weekend. As always I truly hope you shared it with friends and family and really enjoyed yourselves. Ours wasn't as great as it could have been, simply because at the wife's office, the phone wouldn't stop ringing. Now normally you welcome excess business, But when it's labor day weekend and no one wants to work...it's hard to find coverage! But hey, we got through it

Well things have definitely gotten more interesting. After the close yesterday, news reports started crossing the wires suggesting that North Korea had fired a missile that was headed towards Japanese air space, and that eventually broke into 3 parts, falling into the water.

The following in Italics is from News4Jax, and was penned by Mike Vasilinda for that news channel:

Meanwhile, 200 experts from 24 countries and dozens of states, including Florida, are in the nation's capitol, planning for what they are calling 'Black Sky' events: Catastrophic occurrences caused by man or nature that bring society to its knees. The cost of preventing a devastating blow is likely to show up on your electric bill.

Good morning all, we've made it to another Friday. They just keep rolling on. This one is pretty special for my wife however, she's leaving today to fly back to NJ and spend a week with her dad. We lost her mom way too young and her and her dad are really looking forward to getting together for a bit. So it's a happy morning here.

Every Monday, I reach out to my readers and ask them how their weekend was, and a little bit about what mine was like. In “general” terms, the wife and I use Sunday afternoons to take a 5 mile bike ride to the beach, pick a place to lay our towels and do some sunning and splashing in the gulf. Then we walk back to the bikes, ride back to the truck and go home. It makes for a great day of sun and fun.

So, what the heck was yesterday? We came out of the box strong, then calmed down and spent most of the day just slightly tilted to the green. Then in the last hour, instead of them pushing the gas pedal, we started falling more. We actually ended the day slightly red, snapping the DOW's 10 day winning streak. Some think it was strong words out of Trump, who said basically if North Korea doesn't stop with the Threats to the US, "They will be met with fire and fury like the world has never seen."